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20121002
20121010
Search Results 0 to 14 of about 15 (some duplicates have been removed)
. a washington think tank says if congress can't reach agreement on extending those tax cuts, then nine out of ten, that's 90% of households will see a tax hike averaging $3,500. economists are warning if congress drives off what is called the so-called fiscal cliff, there will be automatic tax increases and deep spending cuts on january 1st. >>> the federal mortgage task force is filing its first action against a major bank. the civil lawsuit against jpmorgan chase alleges massive fraud involving mortgage-backed securities. rather than a specific deal, the complaint focuses on improper practices through bear stearns, which jpmorgan chase acquired after it went bust. >>> american express is agreeing to refund $85 million to about 250,000 credit card customers and pay about $27.5 in fines. federal agencies say the company charged improper late fees and deceived credit card customers about old debts and new services. >>> there is a major recall from honda this morning. it affects 600,000 accords with v6 engines from 2003 to 2007 years. the hose for power steering might come loose and leak flu
buried. they're just being crushed. i will not, under any circumstances, raise taxes on middle-income families. >> reporter: the president challenged his rival, saying that romney cannot keep his goal of cutting taxes and not add to the deficit without hurting the middle-class. >> now, five weeks before the election, he's saying his big, bold idea is never mind. >> reporter: other topics included medicare reform and the president's health care reform law. while there wasn't a knockout punch by either side, some feel the president may have been too relaxed. >> this time, he seemed just a little detached at times. didn't want to be there. >> reporter: most agree romney led the debate. and after lagging in many polls, this first match-up could give him the boost he needed. >> knowing he's behind and he needs to win. and he came in and fought that fight stylistically. i think he put the president on defense a number of times. >> reporter: now, the candidates aren't wasting any time. they're getting back on the campaign trail today. and the big next week when the vice presidential c
. it calls for a $5 trillion tax cut. >> reporter: the candidates pounced on tv ads. romney does want to cut tax rates that would reduce revenue by $5 trillion over ten years. romney has refused to say which one, leaving him open to attack. >> today, mitt romney will launch an attack of his own, delivering a foreign policy speech slamming president obama's middle east policy. rock and paula. >> all right, tahman bradley, live in washington this monday morning. thank you, tahman. >>> and of course, the main event this week is thursday's vice presidential debate, abc's live coverage begins at 9:00 eastern, 6:00 pacific. >>> and politics overseas now, it is another victory for venezuela venezuelian president hugo chavez. chavez although is battling cancer received 54% of the vote, leaving his supporters to celebrate right there in the streets. voter turnout was more than 80%. that's the highest in decades and the election was largely peaceful. >>> the origin of a drone that crossed into israeli territory over the weekend is mystery this morning. israeli military shot down the unmanned aircraft
trillion in tax cuts that favor the wealthy. >> reporter: obama campaign advisers were even more blunt, accusing romney of being dishonest on the debate stage. but some of the president's supporters and liberal pundits are baffled by what they saw as a passive performance. >> i felt like he should have been more aggressive. >> i don't know what he was doing out there. he had his head down. he was enduring the debate, rather than fighting it. >> reporter: president obama could have new worries today when the monthly job numbers come out. economists predicted the unemployment rate could go from 8.1% to 8.2%. >> critical numbers. tahman bradley live for us. thanks, tahman. >>> and one other campaign note this morning. a film dramatizing the raid that killed osama bin laden will make its debut just two days before the election. the national geographic channel denies there was any political motivation. it says the air date was chosen to kick off the fall season. >>> american airlines is cancelling or delaying dozens of flights today to fix a safety problem with its loose seats. the carrier
justify raising taxes on the middle-class has been varied the last four years. >> reporter: it didn't take long for paul ryan to pounce on that comment. >> vice president biden just today said that the middle-class, over the last four years has been, quote, buried. we agree. that means, we need to stop digging by electing mitt romney. >> reporter: the latest abc news/"washington post" poll shows the race for president is still very close, which means every word and gesture tonight could impact the election. brandi hitt, abc news, denver. >> thanks to brandi hitt. abc's coverage of tonight's debate begins at 9:00 eastern, 6:00 pacific. >>> now, we turn to the trouble at american airlines. and actually progress on two fronts this morning. there is new movement in the bitter labor dispute between the airline and its pilots union. and also, the mystery of the seats that came loose during three, separate flights may have been solved. abc's tahman bradley is tracking all of the developments. good morning, tahman. that safety issue with those loose seats. what are we hearing now? >> reporter: wel
Search Results 0 to 14 of about 15 (some duplicates have been removed)